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Mapping the Credit Landscape consequences. But changes in tax and regulatory structures could help – changes in tax rules in the United ...
The International Financial System: Back on Track? There is a critical need to harmonize regulatory systems so that everyone is competing on a level playing field. ... is that each country adds its own regulatory framework to the mix. The result is an overly complex financial ... regulation; as a result, the regulatory framework creates a shadow market ...
Scenarios for the Future of the Global Financial System under particular scrutiny, as did the nature of new regulatory arrangements and international oversight. ... with a different regulatory structure from commercial banks and no access to the central banks. Investment banks ...